Dalton Greiner Hartman Maher & Co. Has $23.80 Million Holdings in Community Trust Bancorp, Inc. (CTBI)

Dalton Greiner Hartman Maher & Co. boosted its stake in Community Trust Bancorp, Inc. (NASDAQ:CTBI) by 4.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 505,257 shares of the financial services provider’s stock after acquiring an additional 22,070 shares during the period. Community Trust Bancorp accounts for about 1.2% of Dalton Greiner Hartman Maher & Co.’s holdings, making the stock its 15th biggest position. Dalton Greiner Hartman Maher & Co. owned approximately 2.86% of Community Trust Bancorp worth $23,798,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. SG Americas Securities LLC purchased a new stake in Community Trust Bancorp in the 3rd quarter valued at approximately $104,000. BNP Paribas Arbitrage SA boosted its holdings in Community Trust Bancorp by 350.6% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 2,555 shares of the financial services provider’s stock valued at $112,000 after purchasing an additional 1,988 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of Community Trust Bancorp by 4.3% during the 2nd quarter. Legal & General Group Plc now owns 3,793 shares of the financial services provider’s stock worth $166,000 after acquiring an additional 156 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Community Trust Bancorp by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 4,527 shares of the financial services provider’s stock worth $198,000 after acquiring an additional 679 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Community Trust Bancorp during the 3rd quarter worth approximately $211,000. Hedge funds and other institutional investors own 56.08% of the company’s stock.

Shares of Community Trust Bancorp, Inc. (NASDAQ CTBI) traded down $1.05 on Wednesday, reaching $49.15. The company’s stock had a trading volume of 30,200 shares, compared to its average volume of 29,380. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.94 and a quick ratio of 0.94. The firm has a market cap of $888.17, a P/E ratio of 17.94 and a beta of 0.68. Community Trust Bancorp, Inc. has a 52 week low of $40.33 and a 52 week high of $51.90.

Community Trust Bancorp (NASDAQ:CTBI) last issued its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.78 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.72 by $0.06. The company had revenue of $47.17 million during the quarter, compared to the consensus estimate of $48.17 million. Community Trust Bancorp had a return on equity of 9.47% and a net margin of 24.15%. research analysts anticipate that Community Trust Bancorp, Inc. will post 2.81 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 1st. Stockholders of record on Friday, December 15th were issued a dividend of $0.33 per share. The ex-dividend date was Thursday, December 14th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.69%. Community Trust Bancorp’s payout ratio is 48.18%.

CTBI has been the topic of several research analyst reports. Zacks Investment Research raised Community Trust Bancorp from a “sell” rating to a “hold” rating in a research note on Thursday, September 21st. BidaskClub downgraded Community Trust Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $50.00.

In other news, Director Chad C. Street acquired 4,000 shares of the firm’s stock in a transaction on Friday, December 22nd. The stock was bought at an average cost of $48.79 per share, with a total value of $195,160.00. Following the transaction, the director now directly owns 5,000 shares in the company, valued at approximately $243,950. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Jean R. Hale sold 6,875 shares of the company’s stock in a transaction dated Friday, October 20th. The shares were sold at an average price of $50.60, for a total transaction of $347,875.00. Following the completion of the transaction, the chairman now directly owns 126,397 shares of the company’s stock, valued at $6,395,688.20. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,774 shares of company stock valued at $593,927. Insiders own 4.80% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This news story was posted by BBNS and is the sole property of of BBNS. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright laws. The correct version of this news story can be read at https://baseballnewssource.com/markets/dalton-greiner-hartman-maher-co-grows-stake-in-community-trust-bancorp-inc-ctbi/1823256.html.

Community Trust Bancorp Company Profile

Community Trust Bancorp, Inc is a bank holding company. The Company holds interests in a commercial bank, Community Trust Bank, Inc (the Bank), and a trust company, Community Trust and Investment Company. Through its subsidiaries, the Company engages in a range of commercial and personal banking, and trust and wealth management activities, which include accepting time and demand deposits; making secured and unsecured loans to corporations, individuals and others; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes, and providing funds transfer services.

Institutional Ownership by Quarter for Community Trust Bancorp (NASDAQ:CTBI)

Receive News & Ratings for Community Trust Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Community Trust Bancorp and related companies with our FREE daily email newsletter.

 


Latest News

Christian Yelich’s Agent Says Relationship with Marlins is Broken
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
Trade Rumor: Manny Machado Could Land With Yankees
Trade Rumor: Manny Machado Could Land With Yankees


Leave a Reply

 
© 2006-2018 BBNS.